Dentons acquires 30 professionals in Budapest
Dentons is expanding in Budapest with the acquisition of 30 lawyers and professionals from White & Case in Budapest.
The move takes place on May 3, the Am Law Daily reports. The acquisition of the White & Case professionals leaves the law firm without an office in Budapest.
White & Case was one of the first to open offices in the former Soviet bloc, the Am Law Daily says. White & Case “is committed to supporting our clients’ cross-border needs in Central and Eastern Europe and we will continue to be recognized as a market leader for international work in the region,” the firm said in a statement.
Tomas Dabrowski, CEO of Dentons’ European operations, told the Am Law Daily that Dentons is also seeking to expand in countries such as Russia, Ukraine and Turkey where global law firms are coping with economic and political unrest. Hungary’s prime minister is a close ally of Russian President Vladimir Putin.
According to the Am Law Daily, Hungary’s closer ties with the Soviets “have irked U.S. and European Union politicians and technocrats, but Dabrowski brushes off the tensions, citing recent developments in the region as a way for Dentons to capture market share from spooked competitors.”
Related article:
ABAJournal.com: “A 10,000-lawyer law firm? There is ‘no logical end’ to Dentons’ expansion, its global CEO says”
